- 24 teams (European national domestic league champions, plus the then current title holders), playing in a tournament system, entered a Quarterfinal Group Stage, divided into six groups that played in a round-robin. The final standing was based on individual wins and defeats. In the case of a tie between two or more teams after the group stage, the following criteria were used to decide the final classification: 1) number of wins in one-to-one games between the teams; 2) basket average between the teams; 3) general basket average within the group.
- The 6 group winners of the Quarterfinal Group Stage advanced to Semifinal Group Stage, which was played as a single group under the same round-robin rules.
- The group winner and the runner-up of the Semifinal Group Stage qualified for the final, which was played at a predetermined venue.
Quarterfinal group stage
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Top place in each group advance to Semifinal group stage
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*Sporting was drawn into this group, but withdrew before the competition.
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*Zamalek SC was drawn into this group, but withdrew before the competition.
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Semifinal group stage
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Top two places in the group advance to Final
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